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Upscale and well known full-service Hair Salon
for sale in FL

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Listing Number: 3404

Summary

Upscale and full-service Hair Salon has been at the same fantastic location for over 8 years. The owner has a hair salon in Paris and purchased this salon as an extension to the Paris salon. The employees are highly trained. This makes them sought after by affluent clients which include a local and professional clientele. The customer base has many repeat customers. The salon has 10 workstations for stylists, 3 for pedicures, 4 for manicures, 3 for Hair Washers, and 2 rooms for massage or facial therapy with plenty of space to grow!

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  • Category:
  • Sub-Category:
  • Asking Price: $380,000
  • Gross Sales: $526,365
  • Cash Flow: $187,958
  • County:
  • Area: Coral Gables
  • FFE: $90,000
  • Inventory: $10,000
  • Real Estate: $0
  • Employees: 12 - Full-Time 0 - Part-Time
  • Facilities: The Salon is in an excellent location in the heart of Coral Gables, FL. It has been on this location for over 8 years. The space is 2,200 square feet. The lease contract is until 2020 with an option to renew for 3 + 3 years. The monthly rent is $6,000.
  • Relocatable? No
  • Home Based? No
  • Market Notes: The salon is only using part of the facility, so there is room to grow by adding new staff members. Also, Coral Gables is an area of great demographic growth both its residents and professionals.
  • Growth Notes: The owner will train buyer for 2 weeks at no cost.
  • Support Training: The owner will train buyer for 2 weeks at no cost.
  • Year Established: 2010
  • Financing Terms: N/A
  • Reason for Selling:
  • Inventory Included: Yes
  • Is Franchise Yes
  • Lender Prequalified No
  • Absentee Owner No
  • Selling Financing? Yes
  • Is FEE Included? Yes